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This week’s news

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Earlier weekly editions, the Prestige Series and our property news archive, newest first.

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49 stories · Page 3 of 5

Houses and low-rise buildings lining the shore of the Parramatta River at Putney, SydneyNSW

New South Wales

Sydney Dwelling Values Rise 2.1% in the September Quarter

Cotality’s September 2025 index recorded a 0.8 per cent monthly gain and a 3.0 per cent annual increase across Sydney dwellings.

1 min read

Darwin harbour from a rock wall, with a small boat in the foreground and a cruise ship docked at the wharf beyondNT

Northern Territory

Interstate Buyers Return as Territory Property Activity Picks Up

The Property Council’s March quarter 2025 report recorded stronger building approvals and sales activity, while local agents described renewed competition from interstate buyers.

2 min read

Timber frame of a new house under construction behind temporary fencing in a new residential estateACT

Australian Capital Territory

ACT Budget Maps Out 30,000 New Homes by 2030, With Land for Nearly 26,000

The 2025–26 Territory Budget puts more than $145 million behind a housing pipeline, a new five-year land release program and a higher, indexed stamp duty concession threshold.

2 min read

Rows of suburban Melbourne houses with tiled roofs among street treesVIC

Victoria

Victoria Lost More Than 24,000 Rentals in 2024 as Investors Sold

Bond data showed Victoria's rental stock shrank by 3.6 per cent in a single year. First home buyers accounted for a larger share of lending, while statewide rent growth slowed in the year to April 2025.

2 min read

Aerial view of a new suburban housing estate with rows of recently built homes and cleared landQLD

Queensland

Queensland Scraps Stamp Duty for First Home Buyers of New Homes

From 1 May 2025, eligible first home buyers in Queensland pay no transfer duty on a newly built home or vacant land to build on, with no cap on the property's value. More than 3,500 buyers had used the exemption a year later.

2 min read

A quiet suburban street in Palmyra, Perth, lined with trees and homes at sunsetWA

Western Australia

Perth's Rental Vacancy Rate Reaches 2.5 Per Cent, a Five-Year High

A year after vacancies sat at 0.4 per cent, REIWA's March 2025 figures put Perth at the edge of what it considers a balanced rental market, as investor-built homes in the outer suburbs added supply.

2 min read

Darwin’s waterfront promenade with shade shelters and railings looking out over the harbour under a bright blue skyNT

Northern Territory

Darwin Rental Vacancy Rate Falls to 0.8% in March 2025

SQM Research’s April release records fewer available rental homes in Darwin and a 3.3 per cent monthly increase in advertised rents.

1 min read

View from kunanyi/Mount Wellington over Hobart’s suburbs and the River Derwent, with alpine shrubs and dolerite boulders in the foregroundTAS

Tasmania

Tasmania’s Property Market Turned the Corner in 2024 as First Home Buyers Returned

Sales rose 11% and their total value reached the second-highest level on record, the Real Estate Institute of Tasmania says. First home buyer activity was the strongest since 2009 and mainland purchases rose almost 48%.

2 min read

The Brisbane River winding past riverside apartment towers and a pedestrian boardwalkQLD

Queensland

Brisbane House Sales Show the Importance of Location

REIQ’s December 2024 quarter table records a $910,000 median across Greater Brisbane and $1.215 million within Brisbane City’s local government area.

1 min read

Multi-level homes stepping down a green coastal hillside in Coogee, SydneyNSW

New South Wales

NSW Low and Mid-Rise Housing Rules Take Effect Around 171 Centres

From 28 February 2025, terraces, townhouses and low and mid-rise apartment buildings became permissible within walking distance of nominated stations and town centres across Sydney, the Central Coast, the Hunter and the Illawarra.

3 min read

A green Melbourne tram passing a historic railway station building in the CBDVIC

Victoria

Victoria Names 25 More Train and Tram Zones for Higher-Density Homes

The February 2025 announcement took Melbourne's activity centre program to 60 locations, with planning rules to allow taller housing around stations from Noble Park to Kew. The government says the reforms will lead to more than 300,000 new homes.

2 min read

Aerial view of a suburban edge where new housing meets bushland and open green spaceNT

Northern Territory

First Holtze Lots Hit the Market as Darwin’s Next Suburb Opens From $189,000

Stage 1 of The Parks at Holtze, the first release in an area earmarked for more than 11,000 homes, offers serviced land to first home buyers from $189,000, with builders expected on site later in 2025.

2 min read

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